1722 Locust Avenue
Long Beach, CA 90813

  • – beds
  • – baths
  • – sqft
  • 12,325 sqft lot
  • on site

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RESIDENTIAL and/or COMMERICAL: GREAT MIXED-USE DEVELOPMEMT OPPORTUNITY on a VERY LARGE and RARE 12,325 sq. ft. LOT* at 1722 Locust Avenue near Long Beach Blvd and Pacific Coast Highway. This Property is Located in a Prime High-Demand Business and Residential Area that is ALSO near Public Transportation (Bus and Blue Line) and LBUSD Schools. Recently Re-Zoned for Commercial and/or Residential Use, this Unique Parcel has the Potential for 20+ Units. The Property Currently has a Duplex (which is likely a Tear-Down) that Collects $2400 in Monthly Rent (with Upside Potential) and can Provide Cash Flow while Submitting Plans to the City of Long Beach Planning Department. (Buyer to Check and Verify All Information and Use with City - DETAILS: Check City of LB website for MIDTOWN SPECIFIC PLAN (6/14/2016) Transit Node District). * SEE MAP OF LOT DIMENSIONS IN PHOTOS

California Regional MLS logo Listed By CRMLS_CA / David Loveless / RE/MAX College Park Realty

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# PW19154028 —

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Sale history

Date Event Source Price % Change
1/28/21
CRMLS_CA $998,000
12/16/20
CRMLS_CA $998,000
12/8/20
CRMLS_CA $998,000 23.2% (21.8% / YR)

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Plot of land Sold on 11/15/2019

$810,000

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Listing provided by broker:

David Loveless

RE/MAX College Park Realty

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and RE/MAX College Park Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 23:47 on Apr 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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